Bithumb's Former Chairman Lee Jung-hoon Acquitted in $70 Million Fraud Case
Prosecutors claim that Lee intentionally concealed challenges related to BXA token listing, with the alleged aim of profiting and circumventing financial regulations.
AlexProsecutors claim that Lee intentionally concealed challenges related to BXA token listing, with the alleged aim of profiting and circumventing financial regulations.
AlexBithumb, South Korea's exchange, adds Osmosis (OSMO) on Korean Won market, enabling exclusive trading and an airdrop event.
Huang BoEx-Bithumb chairman Lee Jeong-hoon awaits an 8-year prison term decision on January 18, 2024, accused of deceiving BK Group's chairman in a Bithumb acquisition, involving a disputed BXA token listing and alleged embezzlement of 110 billion won ($70 million). The verdict may set a precedent in exchange governance disputes, impacting Bithumb's future and industry policies amid increased regulatory scrutiny.
JixuFormer Bithumb Chairman, Lee Jeong-hoon, faces an eight-year prison sentence over allegations of manipulating Bithumb's governance in a complex cryptocurrency scandal, with a verdict set for January 18, 2024, potentially impacting Bithumb's future and regulatory scrutiny in the industry.
JasperMuch like most scams, including the one that compromised Etheruem founder Vitalik Buterin's account, it aimed to create a sense of urgency among SHIB enthusiasts by claiming that the alleged airdrop had limited availability.
SnakeAccording to local media reports, the owner of South Korea's largest cryptocurrency exchange, Bithumb, was arrested in the country on Thursday.
BitcoinistThe raid centers around suspected price manipulation of an unidentified coin.
cryptopotatoThe Kang siblings are charged with embezzlement, breach of trust, and market manipulation.
cryptopotatoThe NTS will supposedly investigate whether Bithumb and its alleged owner Kang Jong-hyeon have breached taxation policies.
cryptopotatoLee Jung-hoon will not go to prison after Judge Kang Gyu-Tae proclaimed him not guilty of committing fraud.
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